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<br />� � t�IC) �tTC� AGE
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<br /> ��- �,��S�P�
<br /> ThisIndenture�MadeUyandbetween .,ERICK W. SCHWARTZ AND DONNA L. SCHWARTZ, Husband and Wife
<br /> _ ._.. . .___...__.._......_ _...... _.._.. .__...____ .__..._..._. _ ............ __
<br /> ---------------------- -- ----- ----- ---------- p� }� q �e�n
<br /> .... . . . . . . whet�er ne�TT�N2bY'dSKad r�ierei dTLeY'�agor . � .
<br /> a�a THE OVERCAND NATIONAC BANK OF �i2AND ISCAND; GFand s�an ,
<br /> referred to as Bank pg 1,1.2.50
<br /> TheMortgagorforxnd�nconsiderat'ronof($_ � _ . .j--. - '..
<br /> � TWENTY NINE THOUSAND ONE HUNDRED TWELVE AND 50/100 -- - -----v �
<br /> ..... ......... . .. .. . ... ....... . . .Paid th ank
<br /> _.. . . . _ _. ...... OLI.ARS by e b ,
<br /> the receipt whezeof ie hereby acknowledged, hae grnnted, bar�;ained, sold and conveyed, and by the pzeeenta, dcea grant,
<br /> ' � � barguin,sell and convey,unto said bazik,the following described real property situat.ed in the County of ,__....Hd�� � � .
<br /> ..._._. ... .......... ......
<br /> and State of Nebraska, tcrwit:
<br /> Lot Three (3) in Jack Uoss Horse Country Club, a Subdivision in Hall County, Nebraska
<br /> together with a11 the tencments, heredita�nents and appurtenances to the same belonging, and all the estate, title, claims and � � � �
<br /> . demands whatsocver of the rnortgngor of, in or to said premises m• any part, thercoi; and said mortgagor does hereby cov- .
<br /> enant, that the mortga�;or is lawi'ully suized of said �rernises,[hat said prcmises are free from incmnbrance and mortgagor � . �
<br /> . will warrant and defend the title to said prcm�ses against the clssims arid denvinds c?f ull persons whomsoever. � � � � .. .
<br /> �. � PBOVIDED AL�VAYS, and thcse pn�esents are upon these conditions: � � � �
<br /> : WHEREAS, the mortgagoi• has executed and delivee•ed to the Sank. .d. C2t"tdl Il ,...., romissory note � �
<br /> dated August 15> 1977 at 9.50� for $29,112.50 on which principal payments of $�3�0.00 per
<br /> month are to be made> commencing September 20, 1977, and on the 20th of each month until
<br /> February 13, 1978, when a final instalment equal to the entire unpaid principal balance and
<br /> accrued interest shall be due and payable.
<br /> � � and has agreed to maintain fire, w•inds4orm and extended <•overage insurance on s:�id premises in amounts reyuired and in .�
<br /> companies approved by thc bank and with standard mort�;ss�e clauses which policies shall be delivered to the bank, and has � � . � �
<br /> . agreed to pay all taxes and assessments levied against said prerriises befw�e the. sarue becoxne delinquent and to mxintain said � . . �� �
<br /> premises. � � ��
<br /> Now, therefore, if Che mortgugor shall comply with ail of the provisions of said note and the provisions hereof, then � -� � � � �
<br /> these presents shxll be null and void. � � � � � � �
<br /> . However, if the abnve nntc and interest thcreon or any puyivents called for thereon are not paid when due or if any . . . . � �
<br /> �. of the covenants uf tihis insttvment are not rumplied with, the bsnk, or tihe holder hs�reof, at its option may declare the re- . � . �
<br /> � maining balance of said indebtedness clue and payai:de and m:iy maincain :m action at ]av.• or in equity to recover all amounts � ..
<br /> due and enforce the provisions hereof. In the event of the £ailure oi mort�-agor to maintain t.he premises, or to maintain � �.
<br /> insurance as is above provided for, or to �ay t.axes or asscssmenis,the holdcr hei•eof may advance the sum or sums necessary �. ., �
<br /> to ob4ain compliance and such amounts shall be. added to ihe amount due on th� above mentioned note and bear interest at �� � .�
<br /> the highest legal rute. � � � � �
<br /> IT IS FURTHEI2 1#GREED, this mortgage shu11 constitute noticea hereof, that this mortgxge is security for not only - . . � � �
<br /> the amount advanced concurrently with the �execution hereo£ but all f'utare advances whi,^h may be made at the opt�ion of the � .
<br /> partics or their assi�is up t�> the tottil amount staled in t6is mort�;a�e, to ther :+ame ea:tent as advances originally made here- � . � . � � �
<br /> under. Further notice is hereby fiiven that the tienor of each :41oi-ti�t��;e Note including the intere:;t rate, �ayrnent, maturity, � � � � . �
<br /> penalties, and other terms shall concurrently upon execution becotne a part of this znoikgaga � � � � � �
<br /> � - IT IS FURTHER AGRF.ED, that the said bforl�;rtgor s-hall ar.d will pay all tnkes levied upon this tnortgage or the debt � � � � .
<br /> secured thereby, toKether with any other t.axes or assessments w}iich �nay be levied under t}3e L:�ws of Nebraska, against the � � � � �
<br /> + suid Mortgagee or the le{;al holder of the said principu] nnte(s)on aci��iuni of this indebtedness. " . � � �
<br /> �� IT IS FURTHEI2 AGREF_D, if at uny time, while the mort�;age is in effect and thc note for which this mort�age is � . . � . .
<br /> � given as security,or xny part thereof, reinains unpaid, the undersigned :liortgn�oi�s ss*11, convey ui• contract to sell the reai � � � � �
<br /> y . . estate herein described, or uny part thereof, or the :�Sortgagors do not haive or cease to ]�uve title to said real estate or any � � � � � � .�
<br /> � part thereof, then tind in any such events, ihe '+1urt.gagce may,at its option, declare thc impxid principal balance; and interest, ��� � � � .
<br /> of the note secured hereby inunediately due and p:iyuble. In the cvent ihat these premises are not now,or should hereafter,not . � " � . �
<br /> . � be occupied by mortgagor then this insttvment shall constitute nn assigivncnt of rentais and service of a copy thereof upon the �
<br /> occupant shall be sufficient to require all pssyment for rental ur vse of the premises aftcr date of such ser��ice to mxde to . � � � �
<br /> � mortgagee. � � � � � �
<br /> � Signed this...... �.5th. y Au ust ,n 77 r - �''
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<br /> daof...__..__ _..9_....._..____ ,� ,_,.,. _...... —� /
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<br /> '�. � In presence of "�� ' . 9 ��t/�..t,�^�-���- � .
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<br /> Er'i`c���5c art�"" ....._
<br /> � ; ......_............... ..... ...... _.. __ __ . .
<br /> Do��t Schw��z�� ``�-�
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<br /> sTax� oF-.........................NEBRASICA....._., c��nc� or...... NALL _ .
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<br /> �- � Before me, a notary public �ualified For sziiu county, personally came Eri ck W. dlld Donna �. $ChWdPtZ � .
<br /> �� . known to•me to be the identical person or persnns �+•ho signedthe toregoin�instrument and achnowiedged the execut�ion there-
<br /> � of to�be his, her or their voluntary act ane! deed. .
<br /> g� •
<br /> ` tti�tl��`�'��'�s no� ;:�� s��t on .._._ . __._._AU.gUSt 15 ......._.. ,.,19 �� ...
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<br /> . . . .. misMsi��n�e��t��s�n Expires,�-.S . _...... .. 1g,,.FJ� �._�sS�l.�,�r.«.� �-���G,F.�ry....Notury Public. � . .
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<br /> ' � STATE OF ................�.......... . .,,. . . .. Entered en numerical index and Filed for record � ` ��; w
<br /> ` 93.
<br /> County ........................_... . .. .. . _. ._ � in the Register of lleeds Office of sa�d County the
<br /> L� �� �............................day of.:.. .. . ....... ..... ..., 13_.. ..._, ae........ .._...: ..._.o'c�loc$ t�.n:i.. ......._____......._.....mir�uCes ._. .. ._.......D1., � :�� .
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<br /> . . . . and recorded in Book......... .. �. ._..,........._of.. . � ._.... �.,f;; k,�
<br /> __......__..... ..._..._..:�t page ........... ..._......_. .._.__..........
<br /> � � ___ _.........._._....._......_.. ......_...__.._.._..__.. ..._.....2eg, uf Beeun ' ..,.� ..
<br /> . ' BY... ....... ... ....__......__._ _._.._..........__.....__.._.._..._Deputy
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